HIRSCH Servo Group has acquired Erlenbach GmbH, creating what it claims is the world's largest technology group in the particle foam industry, with 450 employees at five European production plants.
North American Construction Group (NACG) finalized its acquisition of Queensland contractor MacKellar Group for about A$450 million (C$395 million). MacKellar Group has ~1,000 employees and 450 mobile heavy equipment assets.
Cordis, a US medical device company, acquired Swiss-based MedAlliance for USD 1.135 billion. MedAlliance develops the Sirolimus Drug-Eluting Balloon (Selution SLR) for stentless angioplasty.
Sherwin-Williams acquired German-based Specialized Industrial Coatings Holding (SIC Holding), including Oskar Nolte GmbH and Klumpp Coatings GmbH, for an undisclosed amount. The business has ~220 employees and annual sales of over €91.5 million.
Bain Capital Private Equity has closed its acquisition of Harrington Process Solutions, a specialty distributor of industrial flow control process solutions based in Chino, California. The deal was announced as completed on October 5, 2023.
Samvardhana Motherson International Limited, through its subsidiary, will acquire 100% of Yachiyo Industry's shares, with Yachiyo's 2-wheeler business transferred to Honda Motor. SAMIL will acquire 81% equity in Yachiyo's 4-wheeler business, forming an 81:19 joint venture with Honda Motor. The equity value is JPY 22.9 billion.
Infineon Technologies AG has acquired 100% of the shares of Zurich-based startup 3db Access AG, a pioneer in energy-efficient ultra-wideband (UWB) technology. The purchase price was not disclosed.
UMBRAGROUP has acquired 51% of the shares of COMEAR and BSP, two long-time suppliers based in Spello, Italy. The remaining 49% stays with CEO Claudio Becchetti.
Superior Industries announced the pending acquisition of CEMCO, Inc., a 60-year-old manufacturer of Vertical Shaft Impact crushers based in Belen, New Mexico. The deal includes a 140,000-square-foot facility.
Panaria Group acquired the Leisnig plant and brands of Steuler Fliesengruppe, while Norddeutsche Solar Ceramics will take over the Bremerhaven site from April 1, 2024, following insolvency proceedings.
RHI Magnesita completed the acquisition of the Germany, Czech Republic and Slovenia-based refractory businesses of the Preiss-Daimler Group (P-D Refractories).
SKC completed the acquisition of ISC, a global leader in semiconductor test sockets, by paying the full stock purchase price and finalizing the deal, expanding its stake to 45%.
ProMach, through its ID Technology brand, acquired Lofton Label & Packaging, a producer of labels and printed flexible packaging materials based in Inver Grove Heights, Minnesota.
Dover agreed to acquire FW Murphy Production Controls from Genisys Controls for $530 million in cash, to join its Dover Precision Components unit. The deal is expected to close in Q4 2023 subject to regulatory approvals.
StationServ announced its acquisition of East Texas Pump Service, a Nacogdoches, Texas fuel system installation and maintenance firm. Financial terms were not disclosed.
CFS Brands acquired The Foodware Group, which comprises G.E.T. and Winco, adding dinnerware, drinkware, tabletop and smallwares to its product lineup. Terms were not disclosed.
H2O Innovation has signed a definitive agreement to be acquired by Ember alongside IQ, CDPQ and Management. The announcement was made on October 3, 2023.
Kauno Grūdai acquired the shares of Auga Group's soup and canned products production unit Grybai LT, which operates a robotic factory in Lithuania producing organic ready-to-eat soups and meals.
The Cly-Del Manufacturing Company acquired Semco Tool & Manufacturing Company Inc., a manufacturer of custom eyelets and deep-drawn metal components, in Naugatuck, Connecticut.
InCompass, a platform company of TJM Capital Partners, has reached a definitive agreement to acquire Bridgeport Machine Tool Co., a manufacturer of vertical milling machinery. Financial terms were not disclosed.
H2O Innovation has entered into a definitive agreement to be acquired by Ember Infrastructure Management, alongside IQ, CDPQ and management. Shareholders will receive $4.25 per share in cash, valuing the deal at a premium.
Axius Water acquired Colorado-based Triplepoint Environmental, a supplier of wastewater lagoon systems for rural communities. Triplepoint will retain its headquarters and brand as part of Axius Water's portfolio.
JSW Cement is reportedly in early-stage negotiations to acquire Heidelberg Materials' cement businesses in India, which produce 13.4 million tonnes annually.
Heramba Electric announced it had entered into a definitive agreement with subsidiaries of Knorr-Bremse to acquire Kiepe Electric, a leader in electrification of urban transportation. The acquisition is expected to close in Q4 2023.
Eli Lilly and Company announced a definitive agreement to acquire POINT Biopharma, a radiopharmaceutical company with a pipeline of radioligand therapies for cancer. The acquisition includes POINT's manufacturing campus in Indianapolis and R&D center in Toronto.
Crown Holdings completed its acquisition of Helvetia Packaging AG, a beverage can and end manufacturing facility in Saarlouis, Germany. The deal adds about one billion units of annual can capacity and assumes 200 current employees.
Crete Mechanical Group acquired a majority stake in Versatile Refrigeration, an HVAC and refrigeration company based in Dallas, Texas, marking Crete's entry into the Dallas market.
Barnes Group Inc. completed its previously announced acquisition of MB Aerospace, a provider of precision aero-engine component manufacturing and repair services, for $740 million.
Rockwell Automation completed its acquisition of Clearpath Robotics Inc., including its industrial division OTTO Motors, for an undisclosed amount. The deal was announced on October 2, 2023.
Rainmaker Worldwide Inc. and Miranda Water Treatment Systems signed a binding Share Purchase Agreement and Shareholder Agreement for Rainmaker to acquire Miranda shares. The acquisition is being executed by a subsidiary jointly owned by Rainmaker and Viva Industries.
SPIE, the independent European leader in multi-technical services, announced the acquisition of 100% of IMI Aero-Dynamiek, a Dutch company specializing in measuring, validating and optimizing HVAC systems for building sustainability. IMI Aero-Dynamiek generated revenue of around €6 million in 2022 and has 65 employees.
Markey Machine, a global leader in marine deck equipment and winch systems, announced the acquisition of JonRie InterTech. The acquisition expands Markey Machine's product offerings and strengthens its market presence in the maritime and offshore sectors.
Ranfac Corp., a medical device manufacturer, announced the complete acquisition and full ownership of Cervos Medical, LLC. Cervos Medical was originally a joint venture between Ranfac and EndoCellutions Inc. formed in 2021.
MGS Mfg. Group, a global provider of manufacturing solutions for healthcare, acquired Winther Mould Technology, a Danish healthcare tooling manufacturer. The acquisition adds tooling capacity and expertise for high-precision plastic solutions in Pharma, Diagnostic, and MedTech applications.
KYOCERA AVX is acquiring assets of Bliley Technologies, a U.S.-based leader in low-noise frequency control products. The asset transfer includes Bliley's business, equipment, people, and IP, including a manufacturing facility in Erie, Pennsylvania.
Swisspearl Group acquired Denmark's Cembrit, a fiber-cement producer headquartered in Aalborg. The acquisition is retroactively effective from January 1, 2023, and adds 1,400 employees to Swisspearl's workforce.
Nuvolo has agreed to be acquired by Trane Technologies. The acquisition is subject to regulatory approval and is expected to close in Q4 2023.
S.F.E. Group, based in Houston, Texas, has acquired CLIMAX, a portable machine tool manufacturer based in Newberg, Oregon. The acquisition expands S.F.E. Group's portfolio of portable machining, orbital welding, and fabrication tools.
Soltex Inc., a chemical manufacturer and distributor, acquired DSI Ventures, a dielectric fluid industry player, effective September 15, 2023. The acquisition expands Soltex's presence in immersion cooling data center, electric vehicle fluids, and battery storage markets.
AUO Corporation has entered into a definitive agreement to acquire 100% equity interest in Behr-Hella Thermocontrol GmbH (BHTC) at an enterprise value of €600 million. BHTC specializes in human-machine interface and climate control solutions for vehicles.
BitFlow, Inc. has entered into a definitive agreement to be acquired by Advantech in an all-cash transaction for 100% equity. The transaction is expected to close in Q4 2023.
VT5 Acquisition Company AG, a Swiss SPAC, has entered into exclusive negotiations regarding a potential business combination with R&S Group, a provider of power and distribution transformers based in Switzerland.
Shandong NewJF Technology Packaging Co., Ltd (NEWJF) acquired a 28.22% stake in Greatview Aseptic Packaging, completing the acquisition in October 2023. The deal aims to break foreign monopoly and foster domestic substitution in aseptic packaging.
Calgon Carbon Corp. finalized the purchase of Benchmark Equipment & Tank Inc. and Bloomfield Machine & Welding Inc. in October 2023, expanding into Bloomfield, New Mexico with a $94 million investment over the next decade.
Olympic Steel Inc. acquired Central Tube & Bar (CTB) in early October 2023, adding service centers in Conway, Arkansas and Tulsa, Oklahoma with value-added fabrication services.
MH Equipment Company acquired Mid-Iowa Solid Waste Co. Inc., a seller and servicer of environmental equipment in Iowa and Nebraska. The deal closed on October 1, 2023, and Mid-Iowa will operate as a separate business unit.
Regio Plus GmbH acquired 100% of MKL Kunststofftechnik GmbH, a specialist in high-quality plastic parts for automotive interiors, effective October 2023.
Wipro PARI acquired a majority stake in Ferretto Group, an Italian manufacturer of automated storage and retrieval systems and warehouse management systems.
Schaeffler AG announced a voluntary public tender offer to acquire all shares of Vitesco Technologies Group AG for EUR 91 per share, as a first step toward a business combination.
Ryerson Holding Corporation acquired Norlen Incorporated, a full-service metal fabricator based in Schofield, Wisconsin, to expand its value-added business.